By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Guinness Nigeria Plc has reported 25, 309 unclaimed dividend warrants of shareholders of the company. This is contained in the company’s list of unclaimed dividends 2013-dividend 80 made available to InvestAdvocate in Lagos Nigeria. According to the company, the announcement of the unclaimed […]
Tag: SEC
Amendment to Rule 279 (5) Shelf Registration
Pursuant to Section 313(6) of the Investments and Securities Act 2007, the following proposed/new rules and amendments are made by the Commission. Rule 279 (5) (ii) of the Rules and Regulations is amended by the inclusion of the following provisions: 1. A shelf prospectus relating to non-equity securities issued by Supranational Agencies shall be […]
Nigeria’s SEC Increase Broker/Dealer Capital Requirement to N300 million
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-Nigeria’s Securities and Exchange Commission (SEC) said it has increased the capital requirement for operators in the Nigerian Capital Market (NCM) as broker/dealers are now expected to shore up their capital base to N300 million from N70 million. SEC said in its official website that […]
